SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim McMannis who wrote (56146)4/24/1999 7:10:00 PM
From: DRBES  Read Replies (2) of 1571681
 
To Jim and ALL: re: THREAD CLOWN

Please study the following statement from him:

"Not now - with you and SCUM bria bringing in new suckers all the time to buy this pig, and take your AMD stock off your hands - no way !

I've sold lots of PUTS - at $10 and $12 1/2 and $15 bucks.

You and SCUM bria keep schilling for this dog crap company and I'll let you make me even wealthier !"

It is not only insincere and at least naive, it is also extraordinarily stupid, even for him. You buy puts when you are very negative on a stock. You write (and hence sell them) them when and only when you have an extremely high level of confidence that a stock cannot decline and can only climb. You write or sell puts because when a stock holds or ascends the puts expire valueless and you get to keep the premium from the sale. The selling of a put obligates you to buy the issue from the buyer at the strike price and the writer of the put is obligated to absorb the stock and theoretically sell it at a lower price which he has gambled will not occur. Perhaps pAUL is talking about covered puts which guarantee income and limit gain on a short position, but that is not what he has said. He is very capable of fabricating such an explanation after the fact. I suspect that he will simply ignore my post. That is what will serve his interests best.

Regards,

DARBES
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News